Bitcoin market economics and regulation
Law enforcement agencies find it incredibly difficult to trace illicit proceeds that are laundered using cryptocurrencies and — once again — bitcoin market economics and regulation scuppered by different legal systems around the world. It can be done at the point of their conversion through virtual currency exchanges — which, as financial institutions, can be bitcoin market economics and regulation. Global Agenda Digital Economy and Society Future of Economic Progress Cybersecurity Bitcoin's surge adds urgency to calls for global regulation of cryptocurrencies The global nature of this payment mechanism is the biggest challenge. Cryptocurrencies are decentralised, meaning that they are issued without a central administering authority. The views expressed in this article are those of the author alone and not the World Economic Forum.